• LAST PRICE
    25.1700
  • TODAY'S CHANGE (%)
    0.0000 (0.0000%)
  • Bid / Lots
    10.1900/ 1
  • Ask / Lots
    40.2700/ 2
  • Open / Previous Close
    0.0000 / 25.1700
  • Day Range
    ---
  • 52 Week Range
    Low 14.9000
    High 27.3900
  • Volume
    ---
    below average

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Price Comparison Graph. See accessible table below
1 Day Comparison Chart Accessibility Table. Wednesday's close: 25.12
TimeVolumeIBCP
09:32 ET200125.5
10:14 ET10025.115
10:15 ET10025
10:17 ET10025
10:28 ET20025.17
10:35 ET20025.14
10:37 ET10025.16
10:42 ET10025.1
11:00 ET20025.16
11:02 ET40025.185
11:04 ET10025.16
11:06 ET50025.13
11:11 ET56025.05
11:13 ET120025.133
11:18 ET20024.995
11:20 ET60025.05
11:22 ET40025.1
11:26 ET10025.12
11:27 ET10025.18
11:29 ET20025.23
11:33 ET20025.25
11:47 ET10025.2
11:49 ET10025.17
11:51 ET10025.263
11:56 ET20025.255
11:58 ET10025.26
12:00 ET30025.29
12:09 ET10025.26
12:43 ET10025.24
12:59 ET30125.23
01:03 ET20025.28
01:06 ET30025.34
01:21 ET20025.285
01:32 ET10025.25
01:37 ET10025.25
01:39 ET30025.33
02:02 ET30025.29
02:04 ET70025.295
02:08 ET10025.295
02:09 ET10025.335
02:11 ET22125.335
02:15 ET16425.2909
02:18 ET110025.38
02:20 ET10025.36
02:22 ET30025.37
02:24 ET10025.39
02:26 ET30025.37
02:27 ET10025.37
02:29 ET20025.33
02:31 ET10025.35
02:40 ET20025.376
02:42 ET10025.44
02:44 ET102525.44
02:54 ET10025.47
02:56 ET10025.52
02:58 ET10025.55
03:00 ET35025.555
03:02 ET30025.555
03:07 ET50025.55
03:09 ET20025.56
03:12 ET140025.43
03:14 ET50025.47
03:16 ET10025.45
03:18 ET40025.47
03:21 ET70025.41
03:23 ET20025.35
03:25 ET50025.31
03:27 ET50025.36
03:34 ET256325.255
03:36 ET10025.2
03:38 ET20025.18
03:39 ET85025.23
03:41 ET10025.23
03:43 ET30025.285
03:45 ET130025.29
03:48 ET30425.2
03:50 ET30025.17
03:52 ET547625.18
03:54 ET10025.18
03:56 ET556125.17
03:57 ET146725.16
03:59 ET598925.17
Data delayed at least 15 minutes.
Industry Peers Overview Table
Company sortableMarket Cap sortableP/E Ratio (TTM) sortableEPS Growth (5yr) sortable
United StatesIBCP
Independent Bank Corp (Michigan)
526.2M
8.5x
+10.73%
United StatesEQBK
Equity Bancshares Inc
520.2M
56.0x
-26.18%
United StatesTRST
TrustCo Bank Corp NY
514.8M
9.7x
-0.61%
United StatesHONE
HarborOne Bancorp Inc
462.0M
27.4x
+13.00%
United StatesCATC
Cambridge Bancorp
497.5M
17.4x
-5.51%
United StatesHBT
HBT Financial Inc
596.2M
9.1x
-10.12%
As of 2024-04-26

Company Information

Independent Bank Corporation is a bank holding company for Independent Bank (the Bank). The Bank provides a full range of financial services, including commercial banking, mortgage lending, investments, and insurance. It offers a broad range of banking services to individuals and businesses, including checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. Its principal markets are the rural and suburban communities across Lower Michigan, which are served by the bank's main office in Grand Rapids, Michigan, and a total of 56 branches, two drive-thru facilities, and five Michigan-based loan production offices. It also has one loan production facility in Ohio (Fairlawn). The bank's branches provide full-service lobby and drive-thru services, as well as automatic teller machines (ATMs). In addition, it also provides Internet and mobile banking capabilities to its customers.

Contact Information

Headquarters
4200 E Beltline AveGRAND RAPIDS, MI, United States 49525
Phone
616-527-9450
Fax
---

Executives

Independent Chairman of the Board
Stephen Gulis
President, Chief Executive Officer, Director
William Kessel
Chief Financial Officer, Executive Vice President, Corporate Secretary
Gavin Mohr
Executive Vice President, Chief Risk Officer
Stefanie Kimball
Executive Vice President - Operations and Retail Banking
Larry Daniel

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Fundamentals Table
Market Cap
$526.2M
Revenue (TTM)
$250.9M
Shares Outstanding
20.9M
Dividend Yield
3.81%
Annual Dividend Rate
0.9600 USD
Ex-Dividend Date
05-02-24
Pay Date
05-13-24
Beta
0.97
EPS
$2.95
Book Value
$19.41
P/E Ratio
8.5x
Price/Sales (TTM)
2.5
Price/Cash Flow (TTM)
9.8x
Operating Margin
36.43%
*GAAP = prior to non-GAAP analyst adjusted earnings.

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